INDUSTRY.co.id - Kupang - Economic Expert Dr. James Adam said Indonesia's foreign debt up to June 2017 amounted to Rp3,706.52 trillion or an increase of Rp34.19 trillion is also beneficial in the construction of infrastructure for equitable development and encourage people's welfare.

"Indonesia's debt abroad is huge, but it is very beneficial for the development of infrastructure for equitable development and encourage the welfare of the community," he said in Kupang, Thursday (08/10/2017)

This former lecturer of the Faculty of Economics, Christian University of Artha Wacana (UKAW) Kupang, said that it is related to Indonesia's debt and debt benefits in infrastructure development for equitable development and encouraging people's welfare.

Moreover, he said, Indonesia's debt ratio to gross domestic product (GDP) is still lower compared to neighboring countries such as Malaysia and Thailand and Japan including Brazil 69 percent, Mexico 48 percent, China 46 percent.

"Government debt is still within safe limits because it is below 30 percent of GDP even under the terms of the Finance Law which requires a maximum of 60 percent of GDP," he said.

In connection with the utilization of budget for development, the scheme of infrastructure development undertaken by the current government for equitable economic equity.

For example, he said, the involvement of pure private parties, pure SOEs or PPP (Public Private Partnership), Government Cooperation with Business Enterprise is a scheme of financing of National infrastructure development which must be appreciated.

"If the current designed scheme is the budget for infrastructure development that is sourced from non-government budget, pure private enterprise, pure SOE or PPP (Public Private Partnership), KPBU (Government Cooperation with Business Enterprise) is running, it is believed will accelerate the provision of facilities and infrastructure Still lacking in this area, "he said as quoted by Antara.

"The infrastructure financing scheme sourced from pure private cooperation, Public Private Partnership (PPP), will accelerate the provision of facilities and infrastructure in the region," he said.

IFAD (International Fund for Agricultural Development) member said that apabil refers to NTT Dinas report and other sources, NTT as an archipelago province supported by transportation infrastructure such as road length around 16,010.15 Km, consist of state road 8.79 percent, provincial road 10 , 85 percent and 80.36 percent of district roads.

The following seaport is about 41 pieces consisting of one main port unit, collecting port 9 and 32 feeder ports.

The next airport is about 14 units consisting of a one-unit collecting airport, four tertiary collector airport, and a nine-unit feeder.

Following the connectivity infrastructure for land transport such as the terminal there are 20 units consisting of, one type A terminal, 15 type B terminals and 4 C-type terminals, desperately need a large enough budget to build and provide those facilities.